Nikola’s job cuts — representing nearly all of its workforce in Arizona — coincide with the company's voluntary petition for Chapter 11 bankruptcy, which it filed Feb. 18 in the U.S. Bankruptcy Court ...

Nikola Corporation, maker of all-electric trucks, has officially filed Chapter 11 bankruptcy. The company has indicated it’s ...

Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the ...

Nikola is seeking Chapter 11 bankruptcy protection under the US Bankruptcy Code and asked the court to allow it to start an ...

One of Arizona's largest electric vehicle (EV) makers has filed for bankruptcy, and FOX 10's Steve Nielsen has more on what ...

Yes, Forever 21 is closing locations in California. Mall-based stores in Fresno, Bakersfield, and Palm Desert have put up going-out-of-business signs and a location at the Outlets at Tejon near ...

The struggling zero-emission OEM has faced increasing financial struggles since bursting on the scene with electric and fuel ...

Forever 21 once dominated the fast fashion industry, but as Shein and Temu continue to take market share, it has failed to ...

Among other EV makers, Tesla Inc.'s stock (TSLA) climbed 2.9%, shares of Rivian Automotive Inc. (RIVN) lost 2% and Mullen Automotive Inc. shares (MULN) tumbled 19.9%. The company's bankruptcy comes ...

Nikola Corp. became the latest EV maker to go bankrupt on Wednesday, as the Phoenix-based battery-electric and fuel-cell-electric truck and van maker voluntarily filed for Chapter 11.

Nikola – a once popular auto startup of investors – filed for bankruptcy protection after failing to secure a buyer or raise ...

(Reuters) - Nikola filed for Chapter 11 bankruptcy protection, according to a court filing on Wednesday, as the electric ...